Business

Russian war economy is overheating on a powder keg

Russian war economy is overheating on a powder keg

President Vladimir Putin has claimed that the Russian economy is performing, as he says, “better than previously expected”. This kind…
If Amazon Now, Walmart Later?

If Amazon Now, Walmart Later?

Amazon.com (AMZN.O) is big, but not that scary. The U.S. Federal Trade Commission sees it differently, accusing the e-commerce goliath of being…
Morgan Stanley CEO shift pleases all, thrills none

Morgan Stanley CEO shift pleases all, thrills none

Wall Street has served up its share of chaotic and ill-starred leadership transitions over the years. So the crushing conventionality…
Mozambique’s Nyusi to blame over ‘tuna bond’ scandal, shipbuilder’s owner says

Mozambique’s Nyusi to blame over ‘tuna bond’ scandal, shipbuilder’s owner says

Mozambican President Filipe Nyusi was ultimately responsible for the failure of the projects at the centre of the “tuna bond”…
Oil dips after U.S. stockpiles climb, Middle East tensions in focus

Oil dips after U.S. stockpiles climb, Middle East tensions in focus

Oil prices fell on Thursday after a rise in U.S. crude stockpiles and a climb in the dollar index, giving…
Namibian central bank leaves key rate on hold

Namibian central bank leaves key rate on hold

Namibia’s central bank kept its main lending rate unchanged on Wednesday, aiming to safeguard a currency peg to the South…
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